About Media General
Media General is a company based in Richmond (United States) founded in 1969, and was acquired by Nexstar Broadcasting in January 2016. Media General has completed 6 acquisitions, including Blockdot, DealTaker and KCTV5.
Company details
Producer and distributor of local and national news, sports, and entertainment content across television and digital platforms. This includes the operation of television stations, networks, and digital properties. The company produces a significant amount of programming annually and offers advertising opportunities across its various media channels. Its digital division provides content publishing, marketing, and video advertising services. The organizations holdings encompass a major broadcast network and national news network.
- Headquarters Richmond, United States
- Stage Acquired
- Website mediageneral.com
- Social LinkedIn X
- Acquired by Nexstar Broadcasting (Jan 2016)
- Latest Funding Round$915M (USD), Debt – Conventional
Dec 2014
- Investors
- Investments & AcquisitionsBlockdot
& 5 more
- Acquired byNexstar Broadcasting
(Jan 2016)
Funding Insights of Media General
- Total Rounds 2
- Last Round Debt – Conventional — $915M
- First Round $400M
(Dec 2014)
All 2 funding rounds of Media General with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2014 | $400M | Debt – Conventional | – | – | – |
| Dec 2014 | $915M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Media General
Media General has secured backing from 1 investor. Prominent investors backing the company include Nexstar Broadcasting.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Television stations are owned and operated in 62 US markets. | 1996 | nexstar.tv | Irving, United States |
Investor details for Media General
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Media General
Media General has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Blockdot, DealTaker and KCTV5.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Operator of news, sports, and weather channels | kctv5.com | United States | 1953 | Sep 2015 | $2.4B | |
Television and digital media company | lintv.com | Providence, United States | 1996 | Mar 2014 | $2.6B | |
Local multimedia company in the United States | linmedia.com | Providence, United States | 1994 | Mar 2014 | $1.6B | |
Multi-category news on weather, crime, and politics is delivered online. | richmond.com | Richmond, United States | 1850 | Oct 2008 | •••• | |
Coupons platform for online purchases | dealtaker.com | Dallas, United States | 2004 | Feb 2008 | •••• | |
Online and mobile casual games are developed by Blockdot. | blockdot.com | Dallas, United States | 2005 | Jul 2005 | •••• |
Complete acquisition details for Media General
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Media General
9 dated milestones of Media General across 47 years, from founding to its latest funding, stage changes and deals.
- Founded Media General is founded.
- Acquisition Acquires Blockdot.
- Acquisition Acquires DealTaker.
- Acquisition Acquires Richmond Times-Dispatch.
- Acquisition Acquires LIN TV.
- Acquisition Acquires LIN Media.
- Funding First funding round of $400.0M.
- Acquisition Acquires KCTV5.
- Exit Acquired by Nexstar Broadcasting.
Web traffic of Media General
Websites that share an audience with Media General (mediageneral.com).
Websites whose visitors overlap most with Media General. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
kavkasiatv.ge | kavkasiatv.ge | 100% | #11,549,452 | – | |
| newscorp.com | 83% | 77.7K | #421,862 | View details | |
en.wikipedia.org | en.wikipedia.org | 50% | – | ||
| raycommedia.com | 48% | 38.8K | #929,862 | View details | |
| gannett.com | 34% | 15.7K | #1,694,657 | View details |
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Related news about Media General
Complete news archive for Media General
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Frequently Asked Questions about Media General
Media General was founded in 1969 and raised its 1st funding round 45 years after it was founded.
Media General is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
Producer and distributor of local and national news, sports, and entertainment content across television and digital platforms. This includes the operation of television stations, networks, and digital properties. The company produces a significant amount of programming annually and offers advertising opportunities across its various media channels. Its digital division provides content publishing, marketing, and video advertising services. The organizations holdings encompass a major broadcast network and national news network.
Media General has 1 investor. Key investors include Nexstar Broadcasting.
Yes. Media General was acquired by Nexstar Broadcasting in January 2016.